multiplier


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Related to multiplier: multiplicand

multiplier

1 a number applied by multiplication to a MULTIPLICAND to produce a figure for damages in cases of future loss, which would produce an appropriate but notional annuity equivalent to the loss but which will itself be exhausted at the time of the notional death.

In calculating damages for future loss of earnings, courts are faced with the difficulty that the person is not earning the money and is not going to earn the money, so they have to make a hypothetical calculation. It would be to overcompensate to subtract the plaintiff ‘s age from the retirement age and multiply the annual wage loss (as adjusted by various factors to become a multiplicand) by that figure. That would provide a capital sum immediately and would not reflect the fact that the last pound would not have been earned for many years. Secondly, there are the vicissitudes of life. Not everyone lives to retirement age. Accordingly, multipliers are now found from appropriate use of the actuarial Ogden tables and the government lays down a standard notional rate of return upon which to base the calculation.

2 an old word for an alchemist, who pretended to increase the quantity of gold or silver.
References in periodicals archive ?
Mass housing not only directly responds to a long-standing need of our poorer citizens; it would also have a powerful multiplier effect.
This is a standard theoretical result for the remittance multiplier arising out of the Keynesian framework.
Sawigun proposed a four-quadrant multiplier with a power supply of 1.5 V but with relatively high power dissipation of about 290 [micro]W [6].
Several works are reported in area of floating-point multiplier design and other floating-point arithmetic units on a range of FPGA architectures.
Therefore, the multiplier used to determine the camber due to prestress is 1 + [[mu].sub.pf] = 1 + 1.7(0.85) = 2.45.
"To the contrary, the contingency fee multiplier provides trial courts with the flexibility to ensure that lawyers, who take a difficult case on a contingency fee basis, are adequately compensated.
According to economist Enrico Moretti, most sectors have a multiplier effect, but he contends that "the innovation sector" has the largest multiplier of all.
CW voltage multiplier is constructed by a cascade of stages with each stage like in Fig.
The formulation of multiplier bialgebras in braided monoidal categories is our longstanding project initiated in [3].
Since [X.sub.k,i] is the result of a 1 x 1-digit BCD multiplier, it has 7 binary bits.
To be clear, in Figure 2, simulation result of a basic half-wave Cockcroft-Walton voltage multiplier circuit, by Saber Synopsys software, is given.